Easing regulatory pressures and cost optimisation drive positive outlook with target price raised to Rs 750
Read MoreBrokerages note that the development puts the company back on its growth path and viewed it as a crucial step towards future expansion
Read MorePaytm says it is currently in the process of seeking further information from Sebi regarding this matter
Read MoreThe deal, valued at Rs 2,048 crores on a cash-free, debt-free basis, stands "as a testament to the value" Paytm has created through its entertainment ticketing business, bringing choice and convenience to millions of Indians with its services and scale, the company says
Read MoreWith the revised remuneration structure, the annual compensation of each Non-Executive Independent Director will be capped at Rs 48 lakh, with a fixed component of Rs 20 lakh
Read MoreThe company stated in its stock exchange filing that it is committed to upholding and demonstrating the highest compliance standards and will submit a detailed response to Sebi, addressing the regulator's concerns on the matter
Read MoreThe company's board accepted Neeraj Arora's resignation as a non-executive independent director due to pre-occupation and other personal commitments
Read MoreThe deal is finalised will be the second big acquisition of Zomato after the food aggregator acquired quick commerce platform Blinkit (previously Grofers) in an all-stock deal worth Rs 4,447 crore
Read MoreSamsung collaborates with Paytm for its wallet services, while IRDAI accepts Paytm’s motion for insurance registration withdrawl
Read MoreThe total value of UPI transactions processed on the Paytm platform grew to Rs 1.24 trillion in May, on the back of the company launching several initiatives for users such as Credit Card on UPI, as well as pushing the lever on UPI Lite.
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